Before leaving Twitter in 2021, Dorsey faced pressure from Elliott Management, which wanted to replace him as CEO because he was also running Square.
The halving is a change to Bitcoin’s programmatic monetary policy which cut in half the issuance of new tokens, restricting supply.
Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million.